The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.

The Outreach & Education function engages, empowers and educates the public in the Second District. Our outreach mission furthers the Bank’s commitment to the region by listening to the communities we serve and developing programs, analysis and sponsored conferences and clinics to help meet their needs. Our education mission aims to advance public knowledge about the Federal Reserve System and its role in the economy.

Paolo Pesenti is a Senior Vice President and Monetary Policy Advisor in the Research and Statistics Group of the Federal Reserve Bank of New York. Previously, he taught at Princeton, New York, and Columbia Universities and was a visiting scholar at several research institutions worldwide. He also served as a scientific consultant to the European Central Bank and a resident scholar at the International Monetary Fund. Mr. Pesenti is affiliated with the Centre for Economic Policy Research and the National Bureau of Economic Research. His widely published research specializes in international macroeconomics and finance. He is a recipient of the Hicks-Tinbergen Medal of the European Economic Association for his work on international portfolio diversification, and he is coauthor of an award-winning monograph on the crisis of the European Monetary System. He serves on or has been a member of the editorial boards of the Journal of International Economics, the Journal of Money, Credit, and Banking, and the Economic Policy Review. Mr. Pesenti holds a Laurea in Economics and Social Studies from Bocconi University and a Ph.D. in Economics from Yale University.